CAF Jumps through Issuance Window
CAF took advantage of a market rally to print a new $600m bond Thursday, the first step in a liability management operation. In a deal following Swiss and Hong Kong issuance last week, the A1/A+/A+ Andean multilateral drew more than $2bn in orders, and got a tiny new issue premium. “The timing was perfect and resulted in a good transaction,” CFO Hugo Sarmiento tells LatinFinance, noting...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.